During the first semester of 2018, 36 environmental impact studies were presented for projects of street renovation and construction of highways and bridges in the countries of the region.

The interactive platform "Construction in Central America", from the Trade Intelligence Area of CentralAmericaData, includes the updated list of public and private construction projects that present the environmental impact studies (EIA) to the respective institutions of each country.

In the first six months of the year, government entities from the countries of the region submitted 73 environmental impact studies for the construction of different public infrastructure projects.

The interactive platform "Construction in Central America", from the Trade Intelligence Area of CentralAmericaData, provides the updated list of public and private constructionprojects that present the environmental impact studies (EIA) to the respective institutions of each country.

The General Comptroller of Costa Rica partially approved the $20.7 million trust fund for the San José-San Ramón road corridor.

In a document published on the General Comptroller website on October 10th of this year, it was reported that the approval is given to the trust fund for this road work that consists of the modernization of a 60 kilometer stretch of road between San Jose and San Ramon.

The government of Costa Rica has authorized the execution of resources for the road renovation of 270 km of roads and drainage systems starting in the first half of 2019.

The Ministry of National Planning and Economic Policy (Mideplan) approved the execution of the second stage of the Cantonal Road Infrastructure Program (PRVC II), which should be implemented in five years through 110 projects that will improve 270.8 km of cantonal roads and drainage systems.

Works on aqueducts in Panama City, an office building in Costa Rica and the construction of a highway in Guatemala are some of the projects planned for the coming months in the region.

The interactive system "Construction in Central America", compiled by the Business Intelligence Unit at CentralAmericaData, includes an up to date list of public and private constructionprojects that are planned to be built soon.

The road infrastructure investment plan announced by the Alvarado administration includes, among other things, the allocation of $350 million for the San José-San Ramón, San José-Cartago, and San Carlos road routes.

From a statement issued by the Ministry of Public Works:

"These projects will be financed with existing resources of unutilised credit and with the public-private partnership scheme, so they will not put pressure on public finances.

The Alvarado administration has decided to terminate the contract with the company in charge of building the road to San Carlos, a road whose construction was started thirteen years ago yet still remains unfinished.

The Minister of Public Works and Transport, Rodolfo Méndez Mata, said that his plan is to hire three other construction companies and two subcontractors to take charge, separately, of solving the problems that are affecting the work.

The Ministry of Public Works in Costa Rica has given its approval to the designs for two overpasses on the Florencio del Castillo highway, one in Taras and another in La Lima, in Cartago.

The Ministry of Public Works reported that "...The project not only includes these overpasses in the points indicated, but an integral intervention of the highway between these two locations, with important improvements related to the road surface and construction offacilities such as accesses and exits to the marginal routes, turns, as well as sidewalks, bays for buses and even bicycle lanes in different points."

The government of Costa Rica wants to develop the project with the help of a private partner, who would contribute $1.3 billion for construction, among other things, of the new railway, wiring, tunnels and monitoring systems.

The project to build a rapid train service connecting Alajuela to Cartago, and which would fix the transportation problem affecting the Greater Metropolitan Area, requires a total investment of close to $2 billion, of which $1.3 billion would have to be contributed by a private company, through means of a concession for both the construction and operation of the line.

In Costa Rica, the brand-new Alvarado administration faces the challenge of solving complex problems such as the growing fiscal deficit, deteriorated infrastructure and high production costs which are affecting the competitiveness of companies.

The Costa Rican - North American Chamber of Commerce (AmCham) shared criteria of "... the ten issues which they believe should be given priority during the first 100 days of government."

In Costa Rica, six out of eight banks are opposed to the possibility of lending the $35 million required to finance technical studies for a new highway between San José and San Ramón.

Nacion.com reports that "... Since November 29, the Bank of Costa Rica, administrator of the trust for the highway, knocked on the doors of Banco Nacional, BAC San José, Davivienda, Banco Internacional de Costa Rica (BICSA), the Banco Interamericano de Desarrollo (BID) and Instituto Nacional de Seguros (INS) to raise the money. However, those institutions rejected the request for different reasons."

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